VEREIT (VEREIT) Accounts Receivable : $339 Mil (As of Sep. 2021)

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What is VEREIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VEREIT's accounts receivables for the quarter that ended in Sep. 2021 was $339 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VEREIT's Days Sales Outstanding for the quarter that ended in Sep. 2021 was 106.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VEREIT's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was $-26.29.

VEREIT Accounts Receivable Historical Data

The historical data trend for VEREIT's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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VEREIT Accounts Receivable Chart

VEREIT Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Receivable

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250.70

267.45

296.05

307.75

331.88

VEREIT Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Accounts Receivable	Get a 7-Day Free Trial															336.02	331.88	330.87	331.23	338.64

VEREIT Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

VEREIT Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

VEREIT's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	338.64	/	290.192	*	91
=	106.48

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), VEREIT's accounts receivable are only considered to be worth 75% of book value:

VEREIT's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.874	+	0.75 * 338.64	+	0.5 * 0	-	6276.154
-	0	-	7.04)	/	229.152
=	-26.29

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

VEREIT Accounts Receivable Related Terms

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VEREIT (VEREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » VEREIT Inc (NYSE:VER) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2325 East Camelback Road, 9th Floor, Phoenix, AZ, USA, 85016

Website

https://www.vereit.com

VEREIT Inc is a real estate investment trust primarily involved in the ownership of property located in the U.S. and Canada. VEREIT organizes its operations through the Real Estate Investment segment and the investment management segment. The company derives the vast majority of its income from its Real Estate Investment division in the form of rental income from long-term leases. This business unit owns and manages a real estate portfolio that is fairly evenly diversified between retail, restaurant, office, and industrial properties. A sizable amount of the company's total rental income is derived from customers in the casual dining restaurant and manufacturing industries.

Executives

Mary Hogan Preusse	director	C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Julie Richardson	director	YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010
Eugene A Pinover	director	333 CENTRAL PARK WEST, APT 66 NEW YORK NY 10025
Hugh R Frater	director, other: Non-Executive Chairman	C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Glenn J Rufrano	director, officer: Chief Executive Officer	C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036
Gavin Brandon	officer: SVP & Chief Accounting Officer	2325 E CAMELBACK RD, 9TH FLOOR, PHOENIX AZ 85016
Mark S Ordan	director	7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
David Henry	director	3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Richard J Lieb	director	C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Paul H Mcdowell	officer: See Remarks	110 MAIDEN LANE, NEW YORK NY 10005
Michael J. Bartolotta	officer: See Remarks	7 VIK DRIVE, WARWICK NY 10990
Lauren Goldberg	officer: See Remarks	23 W. 73RD. ST. #508 NEW YORK NY 10023
Thomas W Roberts	officer: See Remarks	2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX NY 85016
Miller William Craig Jr.	officer: See Remarks	315 PONDFIELD ROAD BRONXVILLE NY 10708
Bruce D Frank	director	405 PARK AVENUE, NEW YORK NY 10022